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UX Chain (formerly Umee) new proposal: It is recommended to merge Osmosis and UX Chain

UX Chain (formerly Umee) new proposal: It is recommended to merge Osmosis and UX Chain

CointimeCointime2023/12/04 03:33
By:Cointime

Cosmos ecosystem lending platform UX Chain (formerly Umee) has proposed a new plan to merge the Cosmos ecosystem DEX Osmosis with Umee UX Chain to enhance network security, simplify the token ecosystem, and achieve the best DeFi functionality.

During the initial stage of the merger, Osmosis Chain and UX Chain will continue to exist, and Osmosis tokens and UX tokens will remain independent. Future configuration changes will be decided by community governance.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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